WSJ: Possibility remains open for future Apple iTunes price changes
Tuesday, May 02, 2006 - 11:19 AM EST"Apple Computer Inc. said Monday that it has renewed its contracts with major music companies that will allow it to continue offering songs for 99 cents each through its iTunes Music Store... 'We've renewed our agreements with the major music companies, and we're pleased to continue offering iTunes customers music at 99 cents per song from a library of over three million songs,' an Apple spokeswoman said," Nick Wingfield and Ethan Smith report for The Wall Street Journal. "However, people in the music industry familiar with Apple's deals said the contracts between Apple and the music companies cover wholesale pricing for songs , among other matters, and don't specify the 99-cent retail price, leaving open the possibility of future price changes."
Full article (free today) here.
MacDailyNews Take: The possibility remains open that the Sun will burn out in the future, too (the star: a long way off; the company: not so long a wait). If Apple has a wholesale prices contracted and they wish to keep the 99-cent per song price, then they will do so. We wouldn't mind seeing a $1.29 ($1.49?) per song option for higher bit rates, say 192kbps or, better yet, 256kbps or higher — if the labels would allow that quality to be sold online. Give the option and many will pay extra for the higher quality; just as even dial-up users are proven to choose "high" over "low" when watching streaming video online despite the extra wait.
Advertisements:
• Get the new iMac with Intel Core Duo for as low as $31 A MONTH with Free shipping!
• Get the MacBook Pro with Intel Core Duo for as low as $47 A MONTH with Free Shipping!
• Apple's new Mac mini. Intel Core, up to 4 times faster. Starting at just $599. Free shipping.
• Apple's brand new iPod Hi-Fi speaker system. Home stereo. Reinvented. Available now for $349 with free shipping.
• iPod. 15,000 songs. 25,000 photos. 150 hours of video. The new iPod. 30GB and 60GB models start at just $299. Free shipping.
• Connect iPod to your television set with the iPod AV Cable. Just $19.
• iPod Radio Remote. Listen to FM radio on your iPod and control everything with a convenient wired remote. Just $49.
Related article:
Apple inks deal with big four labels: iTunes Music Store prices stay at 99-cents per song - May 01, 2006


And the rebuttal from the music industry?
Cue the "Sounds of Silence."